Impact of Corporate Social Responsibility Disclosure on Financial Performance: Case Study of Listed Pharmaceutical Firms of Pakistan

Impact of Corporate Social Responsibility Disclosure on Financial Performance: Case Study of... The intention of this paper is to examine the impact of corporate social responsibility disclosure on financial performance in a case study of listed Pharmaceutical firms in Pakistan. For this case study, the panel data of 10 years from 2005 to 2014 are obtained through content analysis of annual reports. Quantitative tools were used to measure variables studied in which index was developed and used scoring methodology. Further, brand equity is introduced as a mediator between CSRD and financial performance. The results of content analysis revealed that GSK Pakistan laboratories involved in greater level of disclosure as compared to other pharmaceutical firms. The average rate of disclosure of listed pharmaceutical firms is increasing annually. Among four themes, the results showed that pharmaceutical firms mostly disclose information regarding community involvement. The results of regression which were significant shows that brand equity act as mediator between the corporate social responsibility disclosure and financial performance. http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png Journal of Business Ethics Springer Journals

Impact of Corporate Social Responsibility Disclosure on Financial Performance: Case Study of Listed Pharmaceutical Firms of Pakistan

Malik, Muhammad; Kanwal, Lubna
Journal of Business Ethics, Volume 150 (1) – Apr 5, 2016
Download PDF
10 pages
Read Article

Loading next page...
 
/lp/springer_journal/impact-of-corporate-social-responsibility-disclosure-on-financial-NCuRdnvWZK
Publisher
Springer Journals
Copyright
Copyright © 2016 by Springer Science+Business Media Dordrecht
Subject
Philosophy; Ethics; Business and Management, general; Management; Business Ethics; Quality of Life Research
ISSN
0167-4544
eISSN
1573-0697
DOI
10.1007/s10551-016-3134-6
Publisher site
See Article on Publisher Site

Abstract

The intention of this paper is to examine the impact of corporate social responsibility disclosure on financial performance in a case study of listed Pharmaceutical firms in Pakistan. For this case study, the panel data of 10 years from 2005 to 2014 are obtained through content analysis of annual reports. Quantitative tools were used to measure variables studied in which index was developed and used scoring methodology. Further, brand equity is introduced as a mediator between CSRD and financial performance. The results of content analysis revealed that GSK Pakistan laboratories involved in greater level of disclosure as compared to other pharmaceutical firms. The average rate of disclosure of listed pharmaceutical firms is increasing annually. Among four themes, the results showed that pharmaceutical firms mostly disclose information regarding community involvement. The results of regression which were significant shows that brand equity act as mediator between the corporate social responsibility disclosure and financial performance.

Journal

Journal of Business Ethics – Springer Journals

Published: Apr 5, 2016

References

  • Managing the most important assets: Brand equity
    Aaker, DA
  • The moderator–mediator variable distinction in social psychological research: Conceptual, strategic, and statistical considerations
    Baron, RM; Kenny, DA
  • Brand values and capital market valuation
    Barth, ME; Clement, MB; Foster, G; Kasznik, R
  • Toward a better understanding of the influences on physical activity: The role of determinants, correlates, causal variables, mediators, moderators, and confounders
    Bauman, AE; Sallis, JF; Dzewaltowski, DA; Owen, N
  • Human capital, value creation and disclosure
    Beattie, V; Smith, SJ
  • Financial accounting theory European edition
    Deegan, C; Unerman, J
  • What gives? How companies invest in communities
    Downes, J
  • Managing brand equity
    Fariduddin, S
  • Managing brand equity
    Farquhar, PH
  • Corporate social reporting: Accounting and accountability
    Gray, R; Owen, D; Maunders, K
  • Social and environmental disclosure and corporate characteristics: A research note and extension
    Gray, R; Javad, M; Power, DM; Sinclair, CD
  • The corporate social performance and corporate financial performance debate twenty-five years of incomparable research
    Griffin, JJ; Mahon, JF
  • Some determinants of social and environmental disclosures in New Zealand companies
    Hackston, D; Milne, MJ
  • The influence of the financial crisis on corporate voluntary disclosure: Some Malaysian evidence
    Haji, AA; Ghazali, NAM
  • Strategic information disclosure: The case of multi-attribute products with heterogeneous consumers (No. w11937)
    Hotz, VJ; Xiao, M
  • Conceptualizing, measuring, and managing customer-based brand equity
    Keller, KL
  • Mediation
    Kenny, DA
  • Corporate social responsibility (CSR) reporting: A study of selected banking companies in Bangladesh
    Khan, HUZ; Halabi, AK; Samy, M
  • The effect of consumer-based brand equity on firms’ financial performance
    Kim, HB; Gon Kim, W; An, JA
  • Corporate social responsibility reporting by commercial banks in annual reports: Evidence from Malawi
    Lipunga, AM
  • Integrating mediators and moderators in research design
    MacKinnon, DP
  • Brands matter: An empirical demonstration of the creation of shareholder value through branding
    Madden, TJ; Fehle, F; Fournier, S
  • Twenty-five years of social and environmental accounting research: Is there a silver jubilee to celebrate?
    Mathews, MR
  • The UK supermarket industry: An analysis of corporate social and financial performance
    Moore, G; Robson, A
  • Corporate social disclosure in Pakistan: A case study of fertilizers industry
    Nazir, MS
  • Financial rewards for social responsibility a mixed picture for restaurant companies
    Park, SY; Lee, S
  • Corporate social responsibility disclosure in Kenya: The Nairobi stock exchange
    Ponnu, CH; Okoth, MO
  • An investigation on the effect of advertising corporate social responsibility on building corporate reputation and brand equity
    Saeednia, H; Sohani, Z
  • Product attributes and brand equity in the mobile domain: The mediating role of customer experience
    Sheng, ML; Teo, TS
  • Corporate social responsibility disclosures in Nigeria: A study of listed financial and non-financial firms
    Uwuigbe, U; Egbide, BC
  • Exploring differences in social disclosures internationally: A stakeholder perspective
    Laan Smith, J; Adhikari, A; Tondkar, RH
  • Are brand-equity measures associated with business-unit financial performance? Empirical evidence from the Netherlands
    Verbeeten, FH; Vijn, P
  • Corporate social responsibility (CSR) disclosure of advertising agencies: An exploratory analysis of six holding companies’ annual reports
    Waller, DS; Lanis, R

You’re reading a free preview. Subscribe to read the entire article.

Try 2 weeks free now

DeepDyve is your
personal research library

It’s your single place to instantly
discover and read the research
that matters to you.

Enjoy affordable access to
over 18 million articles from more than
15,000 peer-reviewed journals.

All for just $49/month

Explore the DeepDyve Library

or browse the journals available

Search

Query the DeepDyve database, plus search all of PubMed and Google Scholar seamlessly

Organize

Save any article or search result from DeepDyve, PubMed, and Google Scholar... all in one place.

Access

Get unlimited, online access to over 18 million full-text articles from more than 15,000 scientific journals.

Your journals are on DeepDyve

Read from thousands of the leading scholarly journals from SpringerNature, Elsevier, Wiley-Blackwell, Oxford University Press and more.

All the latest content is available, no embargo periods.

See the journals in your area

DeepDyve

Freelancer

DeepDyve

Pro

Price

FREE

$49/month
$360/year

Save searches from
Google Scholar,
PubMed

Create folders to
organize your research

Export folders, citations

Read DeepDyve articles

Abstract access only

Unlimited access to over
18 million full-text articles

Print

20 pages / month

PDF Discount

20% off

Sign up
for free
Start 14 day
Free Trial